CMA CGM to buy a terminal at a US port
THE CMA CGM Group has signed an agreement to acquire a 90% stake in the Fenix Marine Services terminal in Los Angeles, currently held by EQT Infrastructure III, based on an...
Air cargo up in September but capacity remains constrained
THE International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and...
Maersk reports record earnings in Q3
A.P. Moller - Maersk has reported record earnings in the third quarter of 2021, with revenue up 68% to US$16.6 billion for the quarter. The company’s EBIT was up almost five times...
Digitisation and analytics driving supply chain evolution
A NEW report produced by Australia Post shows how businesses are streamlining and securing their supply chains and planning for success in an environment that may be forever...
Australia ratifies the RCEP
AUSTRALIA has ratified the Regional Comprehensive Economic Partnership Agreement, which ensures that exporters can access the benefits of what will be the world’s largest...
Maersk makes moves into air freight
AP Moller - Maersk is to acquire Hamburg-based Senator International Freight Forwarding Group and add additional air-freight capacity. The German freight forwarder has a network...
Declaration backs tougher emissions reduction goal for shipping
DENMARK, the United States and 12 other nations have put forward a declaration to reduce emissions in the global maritime sector to zero by 2050. The International Maritime...
MOL announces joint study using Rotor Sails
MITSUI OSK Lines has announced an agreement with iron ore mining company Vale International SA to conduct a joint study on installation of a wind propulsion system known as Rotor...
OPINION: It’s all about container dwell time
THERE are currently more than 70 containerships anchored off the Long Beach/Los Angeles coast waiting for a berth at one of the container terminals to discharge their containers....
Inland Rail upgrades completed in time for ag export season
BULK grain exporters in north-west New South Wales will be able to ship their harvest this year through Port Botany and Port of Newcastle with a key section of the enhanced Inland...
New LNG bunker vessel named
THE first LNG bunker vessel to be based in France was officially named Gas Vitality at a ceremony held recently at Hudong-Zhonghua Shipbuilding in China. The 18,600 cubic-metre...
Industry groups collaborate on low and zero carbon fuels
THE International Association of Ports and Harbors (IAPH) and The Society for Gas as a Marine Fuel have signed an agreement to share expertise on the safe, effective, sustainable...
NHVR Board releases strategic vision
THE National Heavy Vehicle Regulator’s Strategic Directions 2021-2026 document emphasises delivering truly borderless operations and increasing flexibility for safe operators....
New service to help Tasmanian exporters with transport advice
TASMANIAN businesses are set to get more export assistance and advice through a new Tasmanian Export Freight Logistics Advisory Service with tenders for a provider to be released...
VTS team is commended for going above and beyond
THE Port Authority of New South Wales (PANSW) Sydney Vessel Traffic Service (VTS) team received the VTS Awards 2020-21 commendation for its role in a joint operation with NSW...
